Comprehensive Guide to the UAE Golden Visa

UAE Golden Visa

The UAE Golden Visa, enabling foreigners to reside, work, study, and engage in business in the UAE without requiring a visa sponsor, is highly sought after by specific categories of international investors. Moreover, foreign entrepreneurs and investors have the opportunity to maintain 100% ownership of their businesses in the UAE, with visas valid for 5 or 10 years, automatically renewable.

We’ve compiled a set of important questions and corresponding answers regarding everything you need to understand about the UAE Golden Visa, covering its prerequisites, the application procedure, and the benefits it offers.

Golden Business Visa

Foreign nationals seeking to establish their businesses in the UAE may also pursue permanent residency, which is granted for a duration of 5 years, through the Golden Business Visa program.

What is the process for applying for the UAE Golden Visa

Individuals interested in obtaining the UAE Golden Visa can apply for it via an online platform available atĀ https://business.goldenvisa.ae/. Applicants must submit the required documents and be prepared to relocate to the UAE as per their business plans.

What is the fee for the Golden Visa

The fees for the 5-year and 10-year UAE Golden Visas are AED 650 and AED 1,150 respectively.

What privileges does the Golden Visa offer

The Golden Visa system primarily grants extended residency periods of 5 or 10 years to individuals falling within specific categories, including investors, entrepreneurs, individuals demonstrating exceptional talents (such as researchers, medical professionals, and those in scientific and knowledge-based fields), and outstanding students.

A significant advantage of holding the UAE Golden Visa is the assurance it provides of a secure future, particularly for investors, expatriates, and individuals aspiring to establish residency in the UAE, thanks to the UAE government’s steadfast commitment to safety and stability.

What are the requirements for the Golden Visa

10 Year Visa

For the 10-year visa, investors must have a minimum of 60% total public investment, valued at no less than 10 million dirhams. These investments must not be leveraged or utilized as assets, and the investor must retain full ownership, committing to holding the investment for at least three years.

The 10-year long-term visa can be extended to include business partners, with each partner contributing 10 million dirhams. Furthermore, long-term visas can encompass the investor’s spouse, children, executive director, and advisor. Individuals with specialized talents falling under the professional talent category, such as doctors, researchers, scientists, investors, and artists, are also eligible. Upon receiving recognition from their respective departments and fields, these individuals may be granted 10-year renewable visas, which can also be extended to their spouses and children.

5-year Visa Eligibility Requirements for Real Estate InvestorsĀ

The eligibility criteria for the 5-year visa for real estate investors differ from the 10-year visa, as it necessitates an investment of at least 5 million dirhams. This amount is akin to the requirements for general investors. Additionally, these visas extend to include the investor’s dependents.

Requirements for Entrepreneurs to Qualify for the 5-Year Visa

Entrepreneurs in the UAE can secure a 5-year residency visa, provided they extend their involvement to ongoing projects with a minimum capital of AED 500,000, or projects endorsed by a recognized business incubator in the country.

Additionally, entrepreneurs can acquire a six-month multiple-entry visa, extendable for another six months. Long-term visa privileges encompass spouses, children, business partners, and up to three senior executives.

Requirements for Outstanding Students to Qualify for the 5-Year Visa

Outstanding secondary school and college students are eligible for a 5-year residency visa in the UAE if they rank among the top students nationwide, with a minimum score of 95% (for secondary school students), and a GPA of 3.75 or above upon graduation (for students from specific universities). The long-term visa covers the families of these outstanding students as well.

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